← June 1, 2026 briefing
Berkshire makes $8.5bn homebuilder bet under new CEO
Economy

Berkshire makes $8.5bn homebuilder bet under new CEO

Berkshire Hathaway has agreed to acquire homebuilder Taylor Morrison for $8.5 billion, marking the first major deal under new CEO Greg Abel. The purchase signals Berkshire's conviction that the battered US housing market will eventually recover, despite persistently high mortgage rates.

MarketWhich companies will be acquired before 2027?
Will Pizza Hut be acquired before 2027?51% chance
Sources
Berkshire buys homebuilder Taylor Morrison for $8.5bn in Abel’s first big deal

Berkshire buys homebuilder Taylor Morrison for $8.5bn in Abel’s first big deal

Financial Times · May 31

More from today's briefing

Israel expands Lebanon invasion, Europe demands halt
World

Israel expands Lebanon invasion, Europe demands halt

Colombia's far-right outsider heads to presidential runoff
Politics

Colombia's far-right outsider heads to presidential runoff

Jay Powell warns Fed independence faces stress test
Politics

Jay Powell warns Fed independence faces stress test

NHS data-sharing bill promises 20,000 fewer A&E visits
Health

NHS data-sharing bill promises 20,000 fewer A&E visits